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and immigration, things that we have handled. we're going to have a debt ceiling we have to worry about. when we take these numbers out of our budget, they have to pass bills given the numbers that are given. a few months ago i see another looming. the same kind of like we had just been through. president's did make a move on some of the mandatory spending efforts that i have been calling for. he talks about a balanced approach. if you eliminate all discretionary spending, we still have a half trillion dollar deficit. >> i would like to hear your opinion of chuck hagel. he has been on the job for a couple of months. .ou are pretty critical of him how would you read the job he has been doing? >> i would probably get him and a. >> why? prissy good about it. -- i feel pretty good about it. i did not have a boat. but he asked me what my concerns were. i have not fountain to be saying one thing and doing a different thing. did oppose some of watched the hearings. not alleviated. i opposed him. he called me. i was going to call him and he called me first. i am the secretary. i want to reach out. i wen
will not negotiate around the debt ceiling. you for your testimony to date. i want to spend some time talking about the presidential proposal. on this question of debt and how we are right, is it fair to say that the 2001 bush tax cuts but was not paid for at the time by this congress added to this country's debt burden? >> there were two wars that will were not paid for. >> as a result of the collapse, andook a $22 trillion hits necessitated a substantial bailouts by this institution. both of which added to our debt burden. is that correct? to the fourates were looking plans that you it does seem to me to be forward-looking plan despite suggestions to the contrary. we are in a very peculiar situation as it relates to our recovery under the administration. it has 6 million private sector jobs that have been created. we have corporate profits at a double high. we have saw market at near all- time highs. the productivity of an american worker is at an all-time high. highloyment remains itself. we have somet economic indicators that seem to suggest we're doing well but others suggest we have a ways to
by the amount raised the debt ceiling, 2.1 cheyenne. 1.1 trillion was sequestered. if the agreement was not reached by the committee in the committee did not reach an agreement, there is no provision in the budget control act agreement to raise taxes. the president did raise taxes $600 billion, there was never an agreement to raise taxes. so that's where we've got a loggerhead. this is the problem. at the end of debate i remember when the president guaranteed the american people sequester wouldn't happen. but it is happening. it's happening right now in the law. the house has proposed a budget that eliminates cuts on the defense department, besides other cuts to replace them when. the president is saying he wants to eliminate the sequester are apparently indicates he does, but he wants to do it raising taxes and that is a nonstarter. under our current day, we increase spending every year. the difficulty is that pointed out before our committee so many times is half the reductions in spending and sequester file on the defense department come which only make ucmj six of the spending i
Search Results 0 to 2 of about 3

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